What is a Home Loan Sanction Letter?
- Sanction Letter gives the indication that the application has been accepted, processed, and verified.
- Highlights that the loan is principally approved with the mentioned terms and conditions.
Steps to Get a Home Loan Sanction Letter -
Step 1
- Applicant needs to submit below mentioned documents to the Authority.
- Application Form along with the KYC Documents
- Income Documents
- Bank Statements
- Property Documents
Step 2
- Document Verification is carried out.
- Eligibility is calculated considering -
- Income of the applicant
- His/her current obligations
- Banking and income stability
- Past credit history
- Due diligence is carried out.
Step 3
- Based on previous steps, the application gets accepted or rejected by the Authority.
- The applicant receives formal communication from the Authority.
Step 4
- Applicant submits the required documents.
- Applicant gives his acceptance and proceeds with the next process to avail the disbursement
In case of any queries please get in touch with us!
Visit https://www.hdfcsales.com/housing-loans for more information.
HDFC home loan eligibility criteria
Home loan eligibility calculator
Housing loan interest calculator
Home loan Sanction letter
Housing loan eligibility
Home loan calculator
Music: Uplifting Corporate Background by Homulus Tunes
https://soundcloud.com/homulus-tunes
Video Link: https://youtu.be/NCF-_xIKac4
#homeloan #housingloan #hdfcloans
